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Using a big data approach to overcoming banking regulatory requirements

Insights on Business

Asset liability management (ALM) and liquidity risk (LR) are top of mind for banks as the pressure from today’s regulatory environment heats up. Continued innovation in big data technology makes it possible to extend it into new sectors, such as risk management. IBM RegTech Innovations. The benefits of innovation.

Big Data 151
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Perficient Included in IDC Market Glance: Lending Digital Transformation Strategies

Perficient

IDC recently included Perficient in the “Loan Collections-Recovery” category of its “ Market Glance: Worldwide Consumer & Small Businesses Lending Digital Transformation Strategies, Q2 2022 (Doc # US49009422, April 2022).” The IDC Market Glance offers an overview of the landscape for consumer and small business digital lending.

Lending 354
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Sifting Through The Million Ways Big Data Empowers Procurement

PYMNTS

The data about suppliers and supply chains now at companies’ fingertips can help mitigate those risks and boost profits, said Jaggaer’s Zia Zahiri, chief technology officer (CTO), and Raj Aggarwal, product marketing manager for eProcurement and accounts payable. Here, too, data accuracy is critical.

Big Data 119
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A new era of technology enabled financial risk management (Part 1)

Insights on Business

Risk management professionals are comfortable with ideas about growth curves and early versus late investment. In the IBM white paper “ A new era of technology-enabled financial risk management ,” discover in greater detail how to apply emerging technologies to help modernize risk management capabilities.

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To Optimize Supply Chains, Big Data Must Have The Need For Speed

PYMNTS

Supply chain management strategies are top of mind for many organizations at a time when Brexit, trade disputes, tariffs and an overall sense of geopolitical volatility have businesses recognizing the need for resiliency through operations and business partners. “How can I analyze data in real time, and make decisions faster?”

Big Data 166
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Triggering (Actionable) Big Data Insight, Always In Motion

PYMNTS

DataTorrent ’s Jeff Bettencourt, SVP of marketing and business development, said traditional attitudes surrounding information are such that firms collect data, store it in a central location and then “extensively poke at that data to get the information you want,” which is, in turn, used by management to help make business decisions.

Big Data 119
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IBM’s Cognitive Bank: Big Data, Bigger Problems

Celent Banking

Last Wednesday I attended IBM’s analyst presentation on Transforming Banking and Financial Markets with Data. The crux of the presentation was the benefits of big data and cognitive analytics for financial markets. Did you get the required support from management? Were your expectations set correctly?

Big Data 100